News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
-
Oct- 2020 -2 October
Clarks pension trustees call in advisers
Pension trustees at shoe retailer Clarks have reportedly drafted in advisors as they seek to secure additional finance for the…
Read More » -
2 October
Nearly half of UK firms report Q3 sales decrease
Business conditions remain weak in the third quarter of 2020, despite “much of the economy” reopening, according to the latest…
Read More » -
2 October
M&S launches third-party fashion brand partnership
Marks and Spencer has begun stocking independent fashion brands on its site, with debut partner Nobody’s Child launching yesterday (1…
Read More » -
2 October
The Hut Group acquires Perricone for £46m
The Hut Group has acquired Perricone MD, a US luxury skincare brand, in a $60m (£42m) deal. The sale follows…
Read More » -
1 October
Retail coalition calls for government inquiry on retail violence
Several retail trade bodies have formed a coalition to call on parliament to launch an inquiry on retail violence, in…
Read More » -
1 October
H&M to close stores as online sales rise
H&M has announced that it is planning to close around 250 stores next year, as more of its customers shift…
Read More » -
1 October
Sainsbury’s expands online delivery capacity
Sainsbury’s has announced plans to expand its online grocery capacity to deliver 700,000 weekly orders by the end of October.…
Read More » -
1 October
Kingfisher offloads Russian chain in £73m deal
B&Q and Screwfix owner Kingfisher has announced it has offloaded Castorama Russia to Russian home improvement firm Maxidom in a…
Read More » -
1 October
Halfords raises expectations amid ‘positive momentum’
Halfords has announced that its pre-tax profit in the first half of the year is now expected to be in…
Read More » -
Sep- 2020 -30 September
Hammerson appoints Rita-Rose Gagné as CEO
Hammerson has announced the appointment of Rita-Rose Gagné as its new chief executive officer and executive director. Gagné was most…
Read More »
